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It's hard to take your comments seriously when you don't know the basic numbers. LKQ revealed during covid that 600m in PRC has income of 1000rmb per month -> 1500 USD per year, aka 600m (40% of 1.4B) generates 900b of of 19000B economy -> <5%. Maybe a few % higher if he's referring to disposable income. And since their base is 1:10 national average, realistically 1:20 top 60%, their net contribution likely to shrink even more with time. This is 101 PRC economy/demographics stuff, instead of accusing others of making up basic knowledge, maybe you should... brush up on basic subject matter stuff. Like how PRC passing US nominal GDP is predicated on modest growth and FX adjustments.


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